21.   The Argentine economy has failed to respond to a series of government plans to cut soaring budget deficits and bring down interest rates.

22.   The Argentine economy is struggling to overcome two core problems -- a rising budget deficit and sluggish economic growth.

23.   The Argentine economy has been in recession for nearly three years.

24.   The decline, along with signs that the Argentine economy was recovering from a year-long recession fueled the rise in stock prices.

25.   The low yields indicate investor confidence in the recovering Argentine economy, which underwent a recession two years ago following the Mexican peso crisis.

26.   The Peron government came up with many half-baked ideas that ruined the Argentine economy for decades.

27.   The recession was also the final nail in the coffin for inflation, for decades the bugbear of the Argentine economy.

28.   The tax package, which is likely to slow the Argentine economy, also was being closely watched in Brazil because of increased trade with between the two countries.

29.   Tourist traffic in Uruguay and southern Brazil is unlikely to snap back next summer even if the Argentine economy begins to recover before then, travel agents say.

30.   Yesterday, Argentina Economic Minister Domingo Cavallo said the Argentine economy was in recession.